Q & A
Will I owe income tax on my Social Security benefits?
Complete Question: The first time I got Social Security benefits was in November, 2013, so when I filed for my taxes last year, my Social Security benefits weren’t much of a concern. Now I’m looking at a full year of benefits…
Does my benefit amount change if I work after taking Social Security?
Complete Question: I already started taking my Social Security benefits but decided I should go back into the workforce. I was told that if I earn more now than I used to my benefit could actually increase. I really don’t…
I’m thinking about getting remarried…how will this affect my Social Security?
Complete Question: I have been dating a younger man for a couple of years now (I’m 65 and he’s 59). We’ve been talking about getting married. I hate to think of this decision in terms of finances, but it has crossed…
I will be getting a state pension…can I also get Social Security?
Complete Question: I am in the Alaska Teacher’s Retirement system and will eventually retire at around the age of 50-55 with a defined benefit pension plan. We don’t pay into Social Security like a lot of state pension systems. So…
Will there be enough money in the Trust Fund for Social Security to pay my full benefit?
Complete Question: Right now I am 40 years old and in all honesty, I haven’t thought much about Social Security except for the chunk of money it deducts from my paycheck. But lately, it is all over the news. Granted, they…
I make too much money to get my Social Security benefit? Is that even possible?
Complete Question: I am 63 years old and I was making a pretty decent living until my company started making cutbacks. Now they want me to work part-time, which brings my annual salary to only $25,000. I can’t live off…
Do I have to file for a Social Security widower’s benefit?
Complete Question: My wife just passed away. I hadn’t really thought about a widower’s benefit from Social Security because I just assumed I would be the first one to go. But unfortunately, this is what happened. Her benefit was higher…
I just got divorced for the 2nd time…what are my options, if any?
Complete Question: I was married to my first husband for 15 years. That didn’t work out and I got remarried. After being married to him for 12 years, we also called it quits and the divorce became final a few…
Does the timing of my husband’s retirement affect my widow’s benefit?
Complete Question: I have been blessed and did not have to work because my husband was such a good provider. This means I don’t have my own Social Security benefit, but I am entitled to a spouse’s benefit when he…
I have to pay taxes on my Social Security benefits…are there any deductions I can take advantage of?
Complete Question: It’s that dreaded time of year again and it just irks me that I have to pay taxes on my Social Security benefits. It’s obvious to me that I will owe something because I get Social Security and…